China pledges manufacturing upgrades to boost slowing industrial growth
China announced plans to accelerate manufacturing upgrades and fund technological breakthroughs. The move responds to slowing industrial output growth in 2025.
Insights:
The industry ministry of CN 
CNconcluded a two-day national industrial work conference on Friday, December 26, 2025, in Beijing. Officials pledged to double down on manufacturing upgrades and allocate capital to fund technological breakthroughs in priority sectors. This policy response follows underwhelming industrial performance, with officials expecting large industrial companies to see an output increase of 5.9% in 2025. These large firms are defined as those with annual revenue of at least 20 million yuan, or approximately 2.85 million in US Dollar / Chinese Yuan .
CNconcluded a two-day national industrial work conference on Friday, December 26, 2025, in Beijing. Officials pledged to double down on manufacturing upgrades and allocate capital to fund technological breakthroughs in priority sectors. This policy response follows underwhelming industrial performance, with officials expecting large industrial companies to see an output increase of 5.9% in 2025. These large firms are defined as those with annual revenue of at least 20 million yuan, or approximately 2.85 million in US Dollar / Chinese Yuan .
